Loading ...So if Gold goes up 25% the miners should go 100%, then hold the Miner profits and later buy the Physical with the profits. Gold is clearly telling the Fed, “you can’t win this time, higher rates are like Chemotherapy treatments and you kill surrounding areas like real estate auto sales etc.”
>>Besides all that my prediction, things that have to happen, do happen. The US economy needs a rebuild, so the US Dollar has to go a lot lower, AND has to be depegged from the Chinese Yuan the way they depegged Gold from USD in 1971.
The Yuan was pegged to float around 7 Yuan to $1. It needs to be 2 Yuan to $1, or maybe parity $1 =1 Yuan. Then China will be the worlds importer instead of the USA for a change and USA will return to be the global vendor of high quality products in about 10 years.